How is the #metoo movement affecting insurance rates, and how can you get ahead?
Risk Management
Protecting Technology with Cyber Insurance
Cyber-insurance is a type of policy that is supposed to be designed to protect you and your business if you’re data is exposed. In an ideal world, cyber-insurance does two things: provide financial security for your business and a team to help you navigate the complex legal and regulatory environment.
Hackers' Billion-dollar Bank Heist Foiled by Type
An unknown group of hackers nearly stole $1 billion from the Bangladesh central bank in a cyber heist in February. Though the cyber thieves were discovered, they stole about $80 million before being stopped. According to senior bank officials, the hackers somehow breached Bangladesh Bank’s systems and stole its credentials for payment transfers. The thieves then began sending ...
Data Breaches: A Growing D&O Concern
A data breach can be a devastating event, affecting a company financially and damaging its reputation with customers. But as a director or officer at your company, you face litigation risks based on the decisions you make following a breach and on how you influence cyber security policies, as these are often considered board-level issues. If a suit is filed against you afte ...